Tenax Therapeutics' (TENX) CEO John Kelley on Q4 2015 Results-Earnings Call Transcript.
Answer Wiki. I honestly don't think there's a plus to a debit card. It's not as secure as credit (if you get theft ed say goodbye to your money), there's no perks, and there could be potential fees (overdrafting, etc). Other then getting money from ATMs, I can't think of a reason to use them. The minus for credit is the ease of debt.
Debit and credit are the two fundamental aspects of every financial transaction in the double-entry bookkeeping system. Under this system, every debit transaction must have a corresponding credit transaction and vice versa. According to Dictionary.com, credit is: 1  An entry of payment or value received on an account. 2  The right-hand side of an account on which such entries are made (opposed to debit). 3  An entry or the total shown, on the credit side.